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THE EFFECTS OF MICRO- ECONOMIC POLICIES ON THE NIGERIA FINANCIAL SECTOR

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY The Nigerian economy was propelled by the astronomical increase in petroleum prices and the subsequent increase in foreign exchange in flow in the 1970s sound uchendu (2014) this new wealth resulted to a consumption pattern and taste, which altered aggregate demand in favor of imported goods, services and technology. In view of this strong demand for oil in the 1970s, and the ...

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